Solana failed to stay above $146 and corrected gains. SOL price is now trading below $145 and might find bids near the $140 zone.
SOL price started a downside correction below $145 against the US Dollar.
The price is now trading below $145 and the 100-hourly simple moving average.
There is a bullish trend line forming with support at $141 on the hourly chart of the SOL/USD pair (data source from Kraken).
The pair could extend losses if it dips below the $140 zone.
Solana Price Starts Downside Correction
Solana price failed to surpass $150 and started a downside correction, like Bitcoin and Ethereum. SOL dipped below $146 and $145 to enter a short-term bearish zone.
There was a move below the 61.8% Fib retracement level of the upward wave from the $138 swing low to the $149 high. However, the bulls are active above $140. Besides, there is a bullish trend line forming with support at $141 on the hourly chart of the SOL/USD pair.
Solana is now trading below $145 and the 10
We współpracy z: https://www.newsbtc.com/analysis/solana-sol-slips-back-to-140/
